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  • Tag results for Reserve_Bank_of_India

German banking major devours aviation market pie

Even as Prime Minister Narendra Modi is pushing for economic reforms, sale proceeds of air tickets to the tune of $16 billion a week are being routed through Deutsche Bank.

published on : 19th March 2017

12 lakh new notes infused in the market: Finance Minister Arun Jaitley

Responding to supplementaries, the Minister said it was difficult to give an exact figure on the number of deposited defunct Rs 500 and Rs 1,000 notes.

published on : 10th March 2017

Report on demonetisation's impact next month: Parliamentary panel

A key Parliamentary panel is likely to submit its report on the impact of demonetisation next month after reviewing various submissions, including that by RBI Governor Urjit Patel.

published on : 7th March 2017

PIL not a weapon to challenge financial decisions: Reserve Bank of India to Delhi High Court

The plea has alleged that the surcharge levied by the banks and the financial institutions on credit and debit card transactions was illegal and discriminatory.

published on : 5th March 2017

RBI Governor Urjit Patel gets threat mail, sender held in Nagpur

During investigation, police found that the email was sent from a cyber cafe in Nagpur.

published on : 5th March 2017

RBI sets rupee reference rate at 66.9644 against dollar

The corresponding rates were 66.9771 and 71.0560, on February 20.

published on : 22nd February 2017

RBI sets rupee reference rate at 66.9468 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 66.9468 against the US dollar and 71.0239 for the euro.

published on : 16th February 2017

State Bank of India rules out lending rate cuts for now

Chairman of SBI Arundhati Bhattacharyas said whatever cuts had to be made have already been done and there are no further rate cut plans at this point.

published on : 10th February 2017

Sensex, Nifty slip as banks decline

The Nifty was down 0.26 percent at 8,746.10 as of 0627 GMT, while Sensex was 0.24 percent lower at 28,221.71, on track for its third straight session of losses.

published on : 9th February 2017

Scope for more rate cuts by banks: Urjit Patel

Reserve Bank has put the ball in the government's court to ensure better transmission of policy rate reductions by fast-tracking bank recapitalisation and NPA resolution.

published on : 8th February 2017

Sensex hits 4-month high on rate-cut hopes

The broader Nifty was up 0.7 percent at 8,802.30 as of 0555 GMT after earlier hitting its highest since Sept. 26, 2016.

published on : 6th February 2017

Sensex climbs 161 points on rate cut hope, positive global cues

All sectoral indices led by oil and gas, banking and PSUs were quoting in the green, adding up to 1.02 per cent.

published on : 6th February 2017

No records of fake currency deposited in banks: RBI

There is no record available of the fake currency which has been detected in the demonetised notes deposited in banks.

published on : 24th January 2017

India pressed ahead with demonetisation despite RBI concerns

The central bank had expressed concern whether the cash could be replaced quickly enough.

published on : 20th January 2017

Cash flow to normalise soon: Urjit Patel

Reserve Bank of India Governor Urjit Patel on Friday is learnt to have said that cash flow in the country will normalise soon.

published on : 20th January 2017
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